BEL shares gain 0.12% as Sensex falls

Shares of Bharat Electronics Ltd. traded 0.12 per cent up at Rs 92.55 at 10:52AM (IST) on Friday, even as BSE benchmark Sensex dropped 125.67 points to 57799.61. The scrip had closed at Rs 92.44 in the previous session.

The stock quoted a 52-week high and 52-week low of Rs 115.0 and Rs 67.87, respectively.

As per BSE data, total traded volume on the counter till 10:52AM (IST) stood at 10:52AM shares with turnover at Rs 5.09 crore.

At the current price, the stock trades at 24.56 times its trailing 12-month earnings per share of Rs 3.77 per share and 4.18 times its price-to-book value, BSE data showed.

A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.

The Beta value of the stock, which measures its volatility in relation to the broader market, stood at 1.44.

Shareholding Details
Promoters held 51.14 per cent stake in the company as of 31-Dec-2022, while FIIs owned 17.34 per cent and DIIs 24.96 per cent.